
The number of Americans initially applying for unemployment aid rose last week, but remained at a level indicating slow to moderate jobs growth, the Labor Department reported Thursday. The advance figure for seasonally adjusted initial claims for jobless benefits was 354,000 in the week ending June 15, up 18,000 from the revised figure of 336,000 the previous week. Meanwhile, the four-week moving average, which helps smooth out week-to-week volatility, rose by 2500 to 348,250. A reading below 375,000 generally indicates a sustained drop in the unemployment rate. The advance figure for seasonally adjusted insured unemployment during the week ending June 8 stood at 2.951 million, down 40,000 from the previous week. In May, the U.S. unemployment rate ticked up to 7.6 percent with total non-farm payroll employment increasing by 175,000. U.S. Federal Reserve Chairman Ben Bernanke said Wednesday the Fed would end the ongoing asset purchase program around the middle of 2014, when the U.S. unemployment rate should drop to 7 percent.
GMT 14:02 2018 Sunday ,02 December
RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fundGMT 12:03 2018 Friday ,30 November
Canada on track to sign new free trade deal with US and MexicoGMT 07:56 2018 Wednesday ,21 November
Merkel policies in focus in final debate on draft German budgetGMT 14:11 2018 Thursday ,08 November
Greek minister, Russian ambassador discuss possible investment projectsGMT 13:42 2018 Wednesday ,07 November
PM says Russian-Chinese trade turnover may reach $200 blnGMT 11:15 2018 Wednesday ,07 November
Top U.S. diplomat visits Pakistan to discuss economic cooperationGMT 13:53 2018 Thursday ,01 November
Alrosa to sell 127 large gem-quality rough diamonds at an auction in IsraelGMT 10:59 2018 Tuesday ,30 October
Trade turnover between Russia and Japan grows by over 17% in 2018Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor